Kendall Jenner raises a glass with Trip investment
Kendall Jenner has bought a stake in drinks and supplements brand Trip.
The US socialite has snapped up an undisclosed minority stake and will become the face of the brand’s new global marketing campaign.
London-based Trip was launched by husband and wife team Daniel Khoury and Olivia Ferdi in 2019.
The brand is known for a range of soft drinks that include magnesium and other supplements.
It originally launched with a range of cannabidiol drinks.
Kendall, known for her large social media following, joins a host of celebrities to have backed the business including Joe Jonas and Rosie Huntingdon-Whiteley.
Last year, New York investment firm Coefficient Capital led a funding round in the company, which valued it at more than £222 million.
Kendall said: “I’ve been obsessed with Trip for a while; the product is incredible and I’ve always loved how elevated and intentional the brand feels.
“When I met Liv and Dan, I instantly connected with what they’re building.”
Trip reported revenues of almost £67 million for the past financial year, according to Companies House accounts.
Olivia added: “Kendall perfectly embodies the way we think about calm today, not stepping away from a full life, but finding moments within it to reset, feel present and be your best authentic self.
“We’re thrilled to be partnering with her.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline